Motorola Solutions, Inc. (NYSE:MSI) Holdings Decreased by Burney Co.

Burney Co. reduced its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 4.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,851 shares of the communications equipment provider’s stock after selling 658 shares during the period. Burney Co.’s holdings in Motorola Solutions were worth $5,940,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. World Investment Advisors LLC raised its holdings in shares of Motorola Solutions by 5,403.9% during the third quarter. World Investment Advisors LLC now owns 35,720 shares of the communications equipment provider’s stock worth $16,061,000 after purchasing an additional 35,071 shares during the period. Versor Investments LP acquired a new stake in Motorola Solutions during the third quarter worth about $449,000. Skandinaviska Enskilda Banken AB publ raised its stake in Motorola Solutions by 32.9% during the second quarter. Skandinaviska Enskilda Banken AB publ now owns 358,011 shares of the communications equipment provider’s stock worth $138,210,000 after acquiring an additional 88,603 shares during the period. Groupama Asset Managment lifted its holdings in Motorola Solutions by 8.6% in the third quarter. Groupama Asset Managment now owns 587,077 shares of the communications equipment provider’s stock worth $263,967,000 after acquiring an additional 46,731 shares during the last quarter. Finally, Magnolia Capital Advisors LLC acquired a new position in Motorola Solutions in the second quarter valued at approximately $19,694,000. 84.17% of the stock is currently owned by institutional investors.

Motorola Solutions Stock Up 0.6 %

Motorola Solutions stock opened at $463.75 on Wednesday. Motorola Solutions, Inc. has a 52 week low of $314.08 and a 52 week high of $507.82. The company has a current ratio of 1.25, a quick ratio of 1.07 and a debt-to-equity ratio of 4.23. The stock has a market cap of $77.50 billion, a price-to-earnings ratio of 50.79, a PEG ratio of 3.70 and a beta of 1.01. The company’s 50-day moving average price is $478.34 and its two-hundred day moving average price is $446.78.

Motorola Solutions (NYSE:MSI) last released its earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share for the quarter, topping analysts’ consensus estimates of $3.10 by $0.36. Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. The firm had revenue of $2.79 billion during the quarter, compared to the consensus estimate of $2.76 billion. On average, analysts expect that Motorola Solutions, Inc. will post 12.57 EPS for the current fiscal year.

Motorola Solutions Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Friday, December 13th will be issued a dividend of $1.09 per share. This is a positive change from Motorola Solutions’s previous quarterly dividend of $0.98. This represents a $4.36 dividend on an annualized basis and a yield of 0.94%. The ex-dividend date is Friday, December 13th. Motorola Solutions’s payout ratio is presently 47.75%.

Analyst Upgrades and Downgrades

MSI has been the topic of several recent research reports. Raymond James raised their price target on Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a report on Friday, November 8th. Morgan Stanley raised their target price on Motorola Solutions from $430.00 to $495.00 and gave the company an “equal weight” rating in a research note on Tuesday, December 17th. Bank of America upped their price target on shares of Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a research report on Wednesday, October 23rd. Barclays lifted their price objective on shares of Motorola Solutions from $467.00 to $529.00 and gave the company an “overweight” rating in a research report on Friday, November 8th. Finally, Deutsche Bank Aktiengesellschaft upped their target price on shares of Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. One investment analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. According to MarketBeat.com, Motorola Solutions has a consensus rating of “Moderate Buy” and a consensus target price of $504.88.

Motorola Solutions Company Profile

Motorola Solutions, Inc provides public safety and enterprise security solutions in the United States, the United Kingdom, Canada, and internationally. The company operates in two segments, Products and Systems Integration, and Software and Services. The Products and Systems Integration segment offers a portfolio of infrastructure, devices, accessories, and video security devices and infrastructure, as well as the implementation and integration of systems, devices, software, and applications for government, public safety, and commercial customers who operate private communications networks and video security solutions, as well as manage a mobile workforce.